M10 - Business Administration: GeneralReturn

Results 1 to 5 of 5:

Planning Cities Development Directions with the Application of Sentiment Analysis

Dorota Jelonek, Cezary Stępniak, Tomasz Turek, Leszek Ziora

Prague Economic Papers 2020, 29(3):274-290 | DOI: 10.18267/j.pep.740

The aim of the article is to present a model of sentiment analysis tool application for planning directions of city development. The study presents a model of using sentiment analysis to build city development strategies as well as realization of projects related to it. The presented model is a part of a larger work on developing the concept of the Regional Spatial Business Community (RSBC). The RSBC is created on the basis of electronic communities built by stakeholders involved in the development of a given city. On the basis of surveys, a six-stage city development procedure is proposed. Using the aforementioned procedure, we describe potential data sources, the goals of sentiment analysis application and expected effects. Analyses of the applicability of sentiment analysis are made on the basis of observation of available tools. The obtained model is applicable; however, its implementation requires certain conditions to be met.

The Moderating Impact of Firm Size on the Relationship between Working Capital Management and Profitability

Ilhan Dalci, Cem Tanova, Hasan Ozyapici, Murad A. Bein

Prague Economic Papers 2019, 28(3):296-312 | DOI: 10.18267/j.pep.681

This study investigates whether firm size moderates the relationship between cash conversion cycle and profitability over 8-year period for 285 German non-financial firms. The moderated regression results reveal that the relationship between cash conversion cycle and profitability is moderated by firm size. As the firm size gets smaller and the cash conversion cycle gets longer, the returns on assets decreases. When the firm size gets bigger and the cash conversion cycle gets longer, on the other hand, the returns on assets increases. In this context, reducing the length of cash conversion cycle has a positive impact on profitability for only small and medium-sized firms. Accordingly, this study concludes that small and also medium-sized firms, contrary to big firms, should reduce the length of cash conversion cycle in order to increase profitability.

Performance Factors of Czech Companies Identified Using Statistical Pattern Recognition: Interpretation of Results

Ondřej Částek

Prague Economic Papers 2018, 27(4):397-416 | DOI: 10.18267/j.pep.659

The paper interprets factors of corporate performance identified by means of statistical pattern recognition techniques. A Dependency-Aware Feature algorithm with non-linear regression model ranked 74 potential factors of corporate performance according to their contribution to corporate performance prediction. This paper brings consecutive statistical analyses, which interpret the effects of Strategy, FDI, Share of Export, Top Management Performance Pay, and Workers' Performance Pay on corporate performance. Furthermore, the analyses reveal strong mutual moderating interdependencies. On the national scale, the paper brings evidence that the companies from the industries researched can use the stational techniques to learn about corporate performance factors. On a global scale, the paper introduces the contribution of Dependency-Aware Feature selection in the field of management and confirms the need for a multidimensional contingency approach in researching corporate performance. The results are based on a sample of 432 private limited or joint stock companies located in the Czech Republic operating in the manufacturing and construction industries and employing 50 or more people.

The Added Value of Women in Management: The Czech Case

Zuzana Křečková, Dana Zadražilová, Hana Řezanková

Prague Economic Papers 2016, 25(3):354-373 | DOI: 10.18267/j.pep.588

The paper attempts to assess the added value of women in management in the context of the Czech Republic. The wider purpose is to contribute to the debate for the need of gender-balanced top managerial teams. It additionally contributes new inputs to the discussion as to whether quotas or other special measures are relevant to promote or engage more women in higher management positions within both the Czech public and private sectors. According to the results, Czech respondents view women as added value to management given the different characteristics of their approach over that of their male counterparts. However, the research reveals that women who obtain higher managerial positions demonstrate the same set of characteristics as men. In conclusion, the promotion system is designed for candidates that demonstrate typically male characteristics.

Competitive advantage of enterprises in small transforming economy (example of slovakia)

Štefan Slávik

Prague Economic Papers 2002, 11(2):167-183 | DOI: 10.18267/j.pep.194

A Slovak contemporary business environment mainly enables an uprise of a short range sustainable competitive advantage. Bigger chances to acquire a competitive advantage have small firms, therefore they could respond to quickly changing and developing environments. The Slovak companies are unable to create total competitive advantage to succeed in greater amount in international scope. From selected industries the chemical and partly engineering ones have the most qualitative competitive advantage, the construction and trade businesses are the least competitive. Exeptional competencies are spread into the various firms and industries. Non-concentrated and non-integrated competitive advantage has subsequently a low value only. Non-total competitive advantage is accomplished to a full picture by stronger foreign competitors, which insert enterprises of this domain in their supply chains.